Longs
CBST
X
INTU
WSM
NFLX
UA
GOOG
NBL
JWN
RAX
YUM
Shorts
APA
SLB
DVN
HES
PAY
VRTX
HLF
AMZN…
Review of picks this week not overbought/oversold
Longs
XRT
GOOG
NBL
X
YUM
NFLX
Shorts
VRTX
HLF
DKS
RL…
Long
X
UPS
PRU
NFLX
IACI
PNC
JNJ
Must clear R1
JBHT
GOOG
RRC
Shorts
DKS
MGA
WTW
HLF
VRTX
TPX
VFC
RL (under the 200 DMA)…
Longs
IACI
GOOG
JBHT
PNC
NBL
BA
UPS
JNJ
XOM
Shorts
ENDP
GLD
AMZN
VRTX
TPX
HLF
UA
VFC…
The market watch all broke their consolidation lows today. The SPY, QQQ and DIA broke their 3 day low and the IWM broke their prior day low which was a flagging low.
All 4 have reasons to we can point …
The most important consideration in determining market direction is price action. It's not indicators that measure overbought or oversold. That said there and interesting oversold pattern in the 3-day RSI and the McClellan Oscillator. It is not a typical pattern …
Must clear R1
CELG
RRC
Shorts
TPX
Must break S1
JPM
TWC
BP
FISV
ILMN…
Longs
XRT
XLF
KLAC
COH
V
X
IBM
CPX
SHW
CL
UA
RHT
EL
AGP
RRC
Shorts
FISV
TWC
DRI
NTAP
JPM
CTSH
GD
SYK…
Longs
SNDK
EL
BIIB
INTU
RAX
CVX
IBM
COG
AGP
X
Shorts
TWC
DRI
CTSH
SYK
ANF
MCP
…
Longs
RHT
SPG
CVX
SNDK
INTU
VFC
SBUX
RAX
Must Clear R1
IBM
AAPL
GOOG
URI
COH
UA
TGT
LTD
ESRX
V
UA
Shorts
GMCR
SYK
ANF
NFX
CF
AMZN
GS…